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Among the most recent strategies proving successful for software companies is EmbeddedPayments. In fact, a recent report from IDC estimates that by 2030, 74% of global digital payments will be processed through platforms owned by non-financial institutions, including software companies. What are EmbeddedPayments?
With their sights set on elevating the customer experience, deepening user engagement, and driving sustainable growth, there’s one thing software companies are making room for in their roadmap: EmbeddedPayments. However, not all EmbeddedPayments solutions are built under the same standards.
We’ll share the answers in today’s brand new episode of CRO Confidential, where our host Sam Blond, partner at Founders Fund, sits down with Toast CRO, Jonathan Vassil to talk about their proven customer acquisition strategies that led to its record-breaking growth. Jonathan joined Toast as the SVP of Sales in 2017.
Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.
Then, it built an entire ecosystem around it, soon launching Shopify payments, an embeddedpayment tool that quickly became the largest piece of the business. Value-added services like embeddedpayments, lending, or banking offer your platform more revenue and are also attractive to potential investors.
In this episode of PayFAQ: The EmbeddedPayments Podcast, host Ian Hillis welcomes Matt Downs, President of Worldpay for Platforms, to discuss software-led payments predictions for 2025 and beyond. This insightful episode is a must-listen for software providers navigating the complexities of EmbeddedPayments and finance.
Software companies embark on their embeddedpayments journey only to discover they’ve underestimated the complexity that’s involved and struggle to launch. If you’re thinking about EmbeddedPayments for your platform, make time to listen to this episode of the PayFAQ EmbeddedPayments podcast.
EmbeddedPayments have become a popular initiative among vertical specific software companies looking to deliver a more seamless customer experience, introduce new revenue into the business, and stay competitive in today’s digital world. How do they think about attaching payments to those existing customers? But where to begin?
In recent years, many have discovered the value of EmbeddedPayments to elevate that experience. In this guide, discover the different models of software payment processing, the benefits, and the steps for effectively implementing payments solutions that elevate your software.
Adam joins Ian Hillis on PayFAQ: The EmbeddedPayments podcast to discuss the intersection of software and EmbeddedPayments along with software growth strategy, key performance indicators, and the pivotal role of payments for SaaS companies. How efficient are you using or capitalizing on your sales capacity?
John Durrett General Manager of Payments, Storable Consolidation Was the Goal for Storable Offering embeddedpayments within the Storable platform was a no-brainer, since 60-80 percent of payment volume from storage facilities is completed using cards. GET A DEMO
“What really drew me to Stax was its mission to enable businesses to scale and grow through the power of embeddedpayments, and upholding this value will be a key part of my role,” said Sundt. “I Sundt will assume responsibility for all technology and engineering operations at Stax.
TL;DR Integrating payment processing into your SaaS platform adds a steady and scalable revenue stream, driving substantial financial growth. Plus, native payment features improve convenience and efficiency, offering a seamless experience that reinforces your brand identity and increases user satisfaction.
The year 2024 is a special one for everyone at Stax because we’re celebrating a decade of transforming the payments industry and supporting our merchants and partners with innovative technologies and unwavering support. From multiple acquisitions to leadership changes, the company has continuously evolved.
We have seen significant growth in our adoption rate and new user acquisition from the stores where Apple Pay and Google Pay was initially launched. And the beauty of KakaoTalk is it has the embeddedpayment method itself. And you get access to the payment method inside. It’s as simple as that.
It shows you optimized onboarding for customers A low entry point, whereas traditional sales-based strategies require hiring sales teams, sales collateral, and a longer ramp-up time PLG significantly reduces CAC Product and embeddedpayments drive customer acquisition If you spend more time on a PLG strategy, you could save a lot of costs.
As software companies look to integrate payments, understanding tokenization is essential for security, compliance, and long-term strategy. Tapping into the potential of a tokenization strategy Many software platforms add payments due to investor pressure or customer demand, often without fully considering the long-term implications.
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